They will soon build a raise into the bend area up into pink section D area from the tunnel below it marked Existing Big Bend Access Extension Tunnel. The first areas they will mine will be sections A - E in pink. The upper part of the map where all the orange and yellow is the upstream portion of the river the lower pink striped and green is the downstream portion of the river. Wouldn't the pink blocks B, C & D be a possible gold honey hole area if the river was digging into this bank while turning back up? The bend portion in yellow with vertical striped is where most of those large nuggets came from. The "indicated Resource Blocks shows how large the blocks are in tons and the author's estimate of .114 ounce per ton is the average for the black channel, obviously the ounces per ton could be significantly higher than the average for the whole river so I think it could be triple or even 5X higher than the 1207 ounces calculated on the map. When they announce the raise is completed and sampling will begin in the black channel in 4-6 months I look for them to mine these 5 blocks first. These are easy targets for lots of gold and if they do find a significant amount of gold in these blocks the stock price could rip 500% or more. After they mine the pink blocks they will move upstream into the orange blocks A - J and beyond.
In 4-6 months when the raise is completed and the gold is mined in the amounts I think are possible the price should easily hit .20 - .25 per share giving the opportunity to make 500% - 700% or more then next 6-8 months.
The raise into the black channel was announced on Oct 3rd in a press release.
"In other news, while preparations to begin mining the White Channel have been proceeding forward, the rehab work in the Ruby Tunnel has continued to advance and has made good progress. Over the past two weeks the crew has been able to traverse the remaining extent of the tunnel and assess what is required to complete that phase of the project. Our engineering team has recommended that the Company should undertake the construction of a raise near the eastern end of the tracked haulageway of the Ruby Tunnel that will bypass the Big Bend area of the Black Channel. This raise is planned to consist of three compartments, two of which will allow easy access of men and materials into the work area, and a third to provide an ore chute where the ore cars can be efficiently filled for transport to the Ruby Mill. It is expected that this construction will take several months to complete. In addition to improving and protecting the flow of ventilation from the 2nd exit which are essential to all operations within the mine, and to improving access to and the haulage of material from the upstream portion of the Black Channel, this planned "Big Bend Bypass Raise" will open the upstream portion of the Black Channel for mining. It will also provide direct access to the Big Bend itself and the areas around it which are all important target areas for mining. We also note with reference to the 2nd exit that over the summer we completed the construction and provisioning of a mine refuge chamber near the Wolf Turn. Until the 2nd exit is more easily accessible from underground, the availability of a refuge chamber is a critical safety requirement that allows mining to begin and continue while the 2nd exit rehab continues."
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